Dear 222 News viewers, sponsored by smileband,
Eight Countries That Will Pay You to Move There and Start a Business
With rising living costs and growing competition in major economies, some countries are flipping the script — offering financial incentives, grants and residency pathways to attract entrepreneurs willing to relocate and build businesses.
From Europe to Asia, governments facing population decline or seeking economic growth are actively encouraging foreign talent to settle down and invest. Here are eight countries that will effectively “pay” you — through grants, tax incentives or startup funding — to move there and build your future.
1. Ireland 🇮🇪
Incentive: Startup funding and tax benefits
Ireland’s Start-Up Entrepreneur Programme (STEP) offers non-EU entrepreneurs a pathway to residency if they launch an innovative business. Successful applicants can access funding support and benefit from Ireland’s competitive corporate tax rate (12.5%).
The country is particularly attractive for tech, fintech and pharmaceutical startups, with strong access to EU markets.
2. Portugal 🇵🇹
Incentive: Grants and startup visas
Portugal offers a Startup Visa and various regional incentives for entrepreneurs willing to base their business in less populated areas. Some regions provide financial support, tax breaks and even relocation grants.
Lisbon and Porto have become fast-growing startup hubs in Europe, offering lower costs than London or Berlin.
3. Spain 🇪🇸
Incentive: Digital nomad and entrepreneur visas
Spain has introduced entrepreneur-friendly visa schemes and tax incentives for foreign founders. Some rural municipalities also offer relocation grants to attract new residents and business activity.
The lifestyle benefits — climate, healthcare and lower living costs — are often as attractive as the financial perks.
4. Italy 🇮🇹
Incentive: Grants for moving to rural areas
Certain Italian regions, particularly in the south, offer grants of up to €50,000 to encourage entrepreneurs and families to move to small towns facing depopulation. In exchange, recipients commit to starting a business or investing locally.
Italy also offers tax reductions for new residents under special schemes.
5. Greece 🇬🇷
Incentive: Tax breaks for foreign entrepreneurs
Greece offers a 50% income tax reduction for certain new residents who relocate and invest or work in the country. With a growing tech and tourism sector, it is becoming increasingly attractive for startups.
Lower property prices and improving infrastructure add to its appeal.
6. Chile 🇨🇱
Incentive: Government-funded startup capital
Chile’s “Start-Up Chile” programme is one of the most famous government-backed initiatives globally. It offers equity-free funding, visas and mentoring to international entrepreneurs who relocate and build their startups in the country.
The aim is to position Chile as Latin America’s innovation hub.
7. Canada 🇨🇦
Incentive: Startup Visa Programme
Canada offers permanent residency through its Startup Visa programme if entrepreneurs secure backing from a designated investor group. Some provinces also provide grants and business incentives to encourage settlement in less populated areas.
With strong infrastructure and access to the US market, Canada remains highly attractive for founders.
8. United Arab Emirates 🇦🇪
Incentive: Long-term residency and tax advantages
The UAE offers long-term “Golden Visas” for entrepreneurs and investors. While it may not hand out direct cash grants, the absence of personal income tax and strong government support for startups makes it financially attractive.
Dubai and Abu Dhabi continue to expand business-friendly policies to attract global talent.
Why Are Countries Offering Incentives?
Many nations are facing:
• Declining birth rates
• Ageing populations
• Economic stagnation in rural areas
• Brain drain to larger economics
By offering financial support or tax advantages, governments aim to stimulate economic growth, create jobs and revitalise local communities.
Is It Really “Free Money
Not exactly.
Most schemes require:
• A viable business plan
• Minimum investment thresholds
• Job creation commitments
• Proof of financial stability
However, for entrepreneurs willing to relocate, these programmes can significantly reduce startup risk and offer a pathway to residency or even citizenship.
Final Thoughts
For ambitious founders — particularly those feeling squeezed by rising costs in the UK or other major economies — relocating abroad could offer not only financial incentives but a better lifestyle and long-term opportunity.
As global competition for talent intensifies, countries are increasingly willing to invest in people who are ready to invest in them.
Attached is a news article regarding 8 countries that will pay you money to live and start a business
Article written and configured by Christopher Stanley
In-- Google tag (gtag.js) --> <script async src="https://www.googletagmanager.com/gtag/js?id=G-XDGJVZXVQ4"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-XDGJVZXVQ4'); </script>
<script src="https://cdn-eu.pagesense.io/js/smilebandltd/45e5a7e3cddc4e92ba91fba8dc
No comments:
Post a Comment